News
Important Only
Iran's parliament ousts economy minister over economic mismanagement
Adds more details, background from paragraph 3 DUBAI, March 2 (Reuters) - Iran's parliament voted on Sunday to remove the country's Economy Minister Abdolnaser Hemmati from office over mismanagement of the economy and a plunging national currency, state media reported.The parliament has o...Reuters
Sun, Mar 2
Swiss central bank chief sticks with forex tool, unperturbed by Trump
ZURICH, March 1 (Reuters) - The Swiss National Bank will not refrain from using interest rates and currency interventions to steer monetary policy despite the risk of being branded a "currency manipulator" by the United States, its chairman said on Saturday.Switzerland was labelled a currenc...Reuters
Sat, Mar 1
FOREX-Euro falls to more than two-week low after Trump, Zelenskiy meeting
Zelensky, Trump meeting turns into debacleU.S. inflation data as expected, consumer spending softUpdates to afternoon U.S. tradingBy Chuck Mikolajczak NEW YORK, Feb 28 (Reuters) - The euro dropped on Friday, after a meeting between Ukrainian President Volodymyr Zelenskiy and U.S. President Do...Reuters
Fri, Feb 28
Brazil mulls cutting ethanol import tax in nod to Trump, report says
Adds details from the report in paragraph 2, government no-comment in paragraph 3 and context in paragraphs 4-5 SAO PAULO, Feb 28 (Reuters) - Brazil's government is considering cutting import taxes on ethanol in a bid to appease U.S. President Donald Trump and as a way to help tame inflation,...Reuters
Fri, Feb 28
Mexican Peso plunges as Trump confirms March tariffs, Peso faces weekly losses
The Mexican Peso (MXN) prolonged its agony and depreciated against the Greenback on Friday, set to achieve weekly losses of over 0.59% as the President of the United States (US) Donald Trump emphasized that tariffs on Mexico are moving forward on March 4.
Fxstreet
Fri, Feb 28
BUZZ-COMMENT-US recap: EUR/USD slips as Ukraine peace hopes fade
Feb 28 (Reuters) - The dollar index rose marginally on Friday as investors pivoted toward the greenback ahead of expected U.S. tariff implementation next week, while the euro reversed an earlier gain after a press conference between the Ukrainian and U.S. presidents turned contentious.Treasury 2-yea...Reuters
Fri, Feb 28
IMF's executive board approves third review of Sri Lanka's $2.9 billion bailout
COLOMBO, Feb 28 (Reuters) - The International Monetary Fund (IMF) approved the third review of Sri Lanka's $2.9 billion bailout on Friday, strengthening the South Asian economy's rebound from a financial crisis.In a statement, the global lender said it would release about $334 million to the...Reuters
Fri, Feb 28
Brazil considers cutting ethanol import tax in nod to Trump, report says
SAO PAULO, Feb 28 (Reuters) - Brazil's government is considering cutting import taxes on ethanol in a nod to U.S. President Donald Trump and as a way to help tame inflation, newspaper O Globo reported on Friday, citing sources.Brazilian Vice President Geraldo Alckmin was reportedly set to have a...Reuters
Fri, Feb 28
CANADA FX DEBT-Canadian dollar clings to monthly gain as GDP beats estimates
Loonie touches weakest since February 4Gains 0.6% in FebruaryCanadian GDP increases 2.6% in Q4Bond yields ease, tracking U.S. TreasuriesBy Fergal Smith TORONTO, Feb 28 (Reuters) - The Canadian dollar was little changed against its U.S. counterpart on Friday as investors assessed domestic data tha...Reuters
Fri, Feb 28
Fed's Goolsbee warns against over-reliance on productivity gains, Bloomberg News reports
Feb 28 (Reuters) - Chicago Federal Reserve Bank President Austan Goolsbee lauded the recent increase in productivity growth, but warned that over-anticipating the positive economic effects from the growth could put the central bank in a "tough position", Bloomberg News reported on Friday. &#...Reuters
Fri, Feb 28
BUZZ-Euro in holding pattern ahead of ECB, tariff deadline
Euro closing week near the lows. Tight range = 1.0380-1.042055DMA holds so far. Clean break would see euro at risk of deeper sell-offUpcoming tariff deadline (Mar 4) for Canada/Mexico will be keyShould tariffs go ahead, may see euro at 1.03 handleECB due next week. Cut expected. Eco projections and ...Reuters
Fri, Feb 28
BUZZ-COMMENT-Yen bulls should remain cautious into March mania
Yen bulls might want to hold off on reengaging for now.Position squaring is putting pressure on the yen as concerns over U.S. tariffs push traders towards the greenback, while expectations for BOJ tightening are diminishing. Data from the close of business on Thursday shows yen near-date open intere...Reuters
Fri, Feb 28
CME Group plans to launch Solana futures on March 17
Updates with comments and details of Solana ETF filingsBy Suzanne McGee Feb 28 (Reuters) - CME Group CME.O said on Friday that it plans to roll out futures contracts on cryptocurrency Solana on March 17, pending regulatory review.The exchange said it expects to debut two contracts, one for 500 So...Reuters
Fri, Feb 28
BUZZ-COMMENT-EUR/USD bears in control as tariff deadline looms
Feb 28 (Reuters) - The euro appears to be closing at the week around the lows as the single currency hovers around the 1.04 handle, with focus turning to next week’s March 4 tariff deadline for Canada and Mexico, which will be the key driver for FX. The rhetoric so far suggests the Trump administrat...Reuters
Fri, Feb 28
FOREX-Dollar slips after U.S. inflation, consumer spending data
Trump tariffs scheduled to start next weekBitcoin falls below $80,000 for first time this yearDollar slips after inflation, consumer spending dataUpdates to morning U.S. tradingBy Chuck Mikolajczak NEW YORK, Feb 28 (Reuters) - The U.S. dollar edged lower on Friday following two straight days ...Reuters
Fri, Feb 28
CME Group plans to launch Solana futures on March 17
By Suzanne McGeeFeb 28 (Reuters) - CME Group CME.O said on Friday that it plans to roll out futures contracts on cryptocurrency Solana on March 17, pending regulatory review.The exchange said it expects to debut two contracts, one for 500 Solana coins and a "micro-sized" contract for 25 Sola...Reuters
Fri, Feb 28
